GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Get Free Report) shares were down 1.7% on Monday. The company traded as low as $3.53 and last traded at $3.57. 2,833,057 shares changed hands during trading, an increase of 307% from the average session volume of 696,928 shares. The stock had previously closed at $3.63.
GraniteShares 2x Long RDDT Daily ETF Price Performance
The firm’s fifty day moving average is $12.00 and its two-hundred day moving average is $18.18.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of GraniteShares 2x Long RDDT Daily ETF during the 1st quarter valued at about $262,000. StoneX Group Inc. purchased a new position in GraniteShares 2x Long RDDT Daily ETF during the 3rd quarter worth approximately $133,000. Parallel Advisors LLC acquired a new position in GraniteShares 2x Long RDDT Daily ETF during the third quarter valued at $58,000. Finally, Simplex Trading LLC acquired a new position in shares of GraniteShares 2x Long RDDT Daily ETF in the 3rd quarter valued at about $32,000.
About GraniteShares 2x Long RDDT Daily ETF
GraniteShares ETF Trust – GraniteShares 2x Long RDDT Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services sectors. It uses derivatives such as swaps to create its portfolio.
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